“because of the inconsistency of building codes across the world and the
issues that have arisen in the wake of the Grenfell Tower tragedy
regarding code compliance of cladding systems in the context of
buildings’ overall designs.”

On June 24, 2017, The New York Times published an article describing the
causes of the June 14, 2017 fire at the Grenfell Tower apartment complex
in London, England that killed at least 79 people. The article reported
that Grenfell Tower’s façade consisted of panels containing combustible
polyethylene cores, manufactured and marketed by Arconic that “enabled
the fire to spread rapidly on the exterior of the building.” The article
further reported that Arconic’s U.K. marketing materials for the façade
panels contain a less detailed safety warning than the Company's
marketing materials for other European countries. Then on June 26, 2017,
Arconic announced it would discontinue global sales of the tiles
“because of the inconsistency of building codes across the world and the
issues that have arisen in the wake of the Grenfell Tower tragedy
regarding code compliance of cladding systems in the context of
buildings’ overall designs.”

Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.

Contacts

The Law Offices of Vincent WongVincent Wong, Esq., 212-425-1140Fax.
866-699-3880vw@wongesq.com